India Moves Forward with Plans to Privatize Production of Launch Vehicles

GSLV Mark III inaugural flight test. (Credit: ISRO)

India is moving forward with transferring production of its government-built launch vehicles to private companies, Outlook India reports.

The Department of Space (DoS) plans to realise entirely-built rockets — GSLV-Mk III and SSLV — from Indian industry partners, in addition to PSLV, according to a top official of its commercial arm NSIL.

NSIL (NewSpace India Limited) has received three bids — HAL-L&T, BEL-Adani-BEML, and BHEL, in response to the request for proposal (RFP) floated by it for end-to-end production of PSLV (Polar Satellite Launch Vehicle).

“We are now going through the techno-commercial evaluation (in respect of the three bids)”, NSIL Chairman and Managing Director, D Radhakrishnan, told PTI here.

He said the process will be completed within the next two months with one of the bidders bagging the contract. The selected bidder will be responsible for realisation of five numbers of PSLV.

GSLV-Mk III is India’s most powerful satellite booster. It will be used to launch ISRO’s Gaganyaan crewed spacecraft. SSLV is the Small Satellite Launch Vehicle, whose maiden flight has been delayed by the COVID-19 pandemic.